{"id":2315,"date":"2026-01-27T06:27:40","date_gmt":"2026-01-27T06:27:40","guid":{"rendered":"https:\/\/www.kayaismail.com\/?p=2315"},"modified":"2026-01-27T06:27:40","modified_gmt":"2026-01-27T06:27:40","slug":"yilin-ilk-faiz-karari-ve-piyasalar","status":"publish","type":"post","link":"https:\/\/www.kayaismail.com\/index.php\/2026\/01\/27\/yilin-ilk-faiz-karari-ve-piyasalar\/","title":{"rendered":"Y\u0131l\u0131n \u0130lk Faiz Karar\u0131 ve Piyasalar"},"content":{"rendered":"\n<p>Net Konu\u015fay\u0131m K\u00f6\u015femde bug\u00fcn, Merkez Bankas\u0131n\u0131n y\u0131l\u0131n ilk toplant\u0131s\u0131na ili\u015fkin ald\u0131\u011f\u0131 kararlar\u0131 ve piyasalar\u0131 konu\u015fuyoruz.<\/p>\n\n\n\n<p>2026 y\u0131l\u0131n\u0131n ilk\u00a0<strong>T\u00fcrkiye Cumhuriyet Merkez Bankas\u0131 (TCMB)<\/strong>\u00a0faiz karar\u0131 22 Ocak Per\u015fembe g\u00fcn\u00fc a\u00e7\u0131kland\u0131. Merkez Bankas\u0131 Para Politikas\u0131 Kurulu, Ba\u015fkan Ya\u015far Fatih Karahan ba\u015fkanl\u0131\u011f\u0131nda toplanarak politika faizi olan\u00a0<strong>bir hafta vadeli repo ihale faiz oran\u0131n\u0131 y\u00fczde 38\u2019den y\u00fczde 37\u2019ye d\u00fc\u015f\u00fcrmeye karar verdi.<\/strong>\u00a0Bu karar ile faiz indirimi s\u00fcreci devam etmi\u015f oldu ve politika faizi\u00a0<strong>100 baz puan a\u015fa\u011f\u0131 \u00e7ekilmi\u015f oldu.<\/strong>\u00a0Kurul ayr\u0131ca\u00a0<strong>gecelik bor\u00e7 verme faiz oran\u0131n\u0131 y\u00fczde 41\u2019den y\u00fczde 40\u2019a, gecelik bor\u00e7lanma faiz oran\u0131n\u0131 ise y\u00fczde 36,5\u2019ten y\u00fczde 35,5\u2019e indirdi.<\/strong>\u00a0Bu karar metninde TCMB, enflasyonun ana e\u011filiminin Aral\u0131k ay\u0131nda geriledi\u011fine, Ocak ay\u0131 \u00f6nc\u00fc verilerinin ayl\u0131k enflasyonda art\u0131\u015f g\u00f6sterdi\u011fine ancak temel e\u011filimde art\u0131\u015f\u0131n s\u0131n\u0131rl\u0131 kald\u0131\u011f\u0131na dikkat \u00e7ekti. Enflasyon beklentileri ve fiyatlama davran\u0131\u015flar\u0131ndaki iyile\u015fme olumlu olsa da dezenflasyon s\u00fcrecine y\u00f6nelik risklerin devam etti\u011fi vurguland\u0131.<\/p>\n\n\n\n<p>Merkez Bankas\u0131\u2019n\u0131n bu ad\u0131m\u0131, piyasalar\u0131n genel beklentisine paralel \u015fekilde faiz indirimine gitmesi anlam\u0131na geliyor; ancak Aral\u0131k ay\u0131na g\u00f6re&nbsp;<strong>daha temkinli bir indirim<\/strong>&nbsp;(%150 baz puan yerine %100 baz puan) yap\u0131lmas\u0131, bankan\u0131n enflasyon risklerine kar\u015f\u0131 temkinli duru\u015funu s\u00fcrd\u00fcrd\u00fc\u011f\u00fcn\u00fc g\u00f6steriyor.<\/p>\n\n\n\n<p>2026 y\u0131l\u0131 i\u00e7in TCMB\u2019nin belirledi\u011fi Para Politikas\u0131 Kurulu toplant\u0131 takvimine g\u00f6re y\u0131l boyunca toplam&nbsp;<strong>8 faiz karar\u0131 toplant\u0131s\u0131<\/strong>&nbsp;yap\u0131lacak. Bu toplant\u0131 tarihleri:&nbsp;<\/p>\n\n\n\n<p>22 Ocak, 12 Mart, 22 Nisan, 11 Haziran, 23 Temmuz, 10 Eyl\u00fcl, 22 Ekim ve 10 Aral\u0131k 2026. Bu takvim, TCMB\u2019nin y\u0131l i\u00e7indeki para politikas\u0131 rotas\u0131n\u0131 planlamas\u0131 a\u00e7\u0131s\u0131ndan piyasa akt\u00f6rleri i\u00e7in \u00f6nemli bir \u00e7er\u00e7eve olu\u015fturuyor.<\/p>\n\n\n\n<p>TCMB\u2019nin 22 Ocak faiz karar\u0131, y\u0131l\u0131n ilk toplant\u0131s\u0131nda faiz indirimi beklentilerini kar\u015f\u0131lam\u0131\u015f olsa da, bankan\u0131n gelecekteki politika ad\u0131mlar\u0131nda enflasyon g\u00f6r\u00fcn\u00fcm\u00fcn\u00fc ve fiyatlama davran\u0131\u015flar\u0131n\u0131 yak\u0131ndan izleyece\u011fi mesaj\u0131 genel piyasa alg\u0131s\u0131nda \u00f6ne \u00e7\u0131k\u0131yor.<\/p>\n\n\n\n<p>Sevgiyle kal\u0131n.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Net Konu\u015fay\u0131m K\u00f6\u015femde bug\u00fcn, Merkez Bankas\u0131n\u0131n y\u0131l\u0131n ilk toplant\u0131s\u0131na ili\u015fkin ald\u0131\u011f\u0131 kararlar\u0131 ve piyasalar\u0131 konu\u015fuyoruz. 2026 y\u0131l\u0131n\u0131n ilk\u00a0T\u00fcrkiye Cumhuriyet Merkez&hellip;<\/p>\n","protected":false},"author":1,"featured_media":2316,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"class_list":["post-2315","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ozgun-yazilar"],"_links":{"self":[{"href":"https:\/\/www.kayaismail.com\/index.php\/wp-json\/wp\/v2\/posts\/2315","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.kayaismail.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kayaismail.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kayaismail.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kayaismail.com\/index.php\/wp-json\/wp\/v2\/comments?post=2315"}],"version-history":[{"count":1,"href":"https:\/\/www.kayaismail.com\/index.php\/wp-json\/wp\/v2\/posts\/2315\/revisions"}],"predecessor-version":[{"id":2317,"href":"https:\/\/www.kayaismail.com\/index.php\/wp-json\/wp\/v2\/posts\/2315\/revisions\/2317"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.kayaismail.com\/index.php\/wp-json\/wp\/v2\/media\/2316"}],"wp:attachment":[{"href":"https:\/\/www.kayaismail.com\/index.php\/wp-json\/wp\/v2\/media?parent=2315"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kayaismail.com\/index.php\/wp-json\/wp\/v2\/categories?post=2315"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kayaismail.com\/index.php\/wp-json\/wp\/v2\/tags?post=2315"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}